Title: Headline Inflation rate (%), Calendar Year, Republic of Mauritius, 1974 - 2018 Description: The data is the inflation rate for the calendar year starting year 1975 Themes:Consumer Price Index Definition of CPI: The Consumer Price Index (CPI) is an indicator of changes over time in the general level of prices of goods and services acquired by Mauritian consumers. Measurement of the CPI: The CPI measures price change by comparing, through time, the cost of a fixed basket of goods and services. As prices vary over time, the total cost of the basket also changes and thus the CPI measures the change in the cost of this basket. It provides a way to compare what this basket costs at a given period relative to a reference or base period Definition of Inflation: Inflation is the percentage change in the level of prices (as measured by the CPI) from one period to another. Headline Inflation: The headline inflation rate in Mauritius, is calculated by using the annual average method, i.e. by comparing the average level of prices during a twelve-month period with the average level during the corresponding previous twelve-month period. This type of inflation rate is more appropriate for adjusting wages, salaries and pensions to compensate for loss of purchasing power. All inflation rates presented in this table relate to the headline inflation. Publishing Body:Statistics Mauritius Tags:Inflation, Rate, CPI Contact Email:cso_cpi@govmu.org Last Update:28th April 2020